Hi Pedro, do you have a big picture outlook for the next few weeks? Or is it a case of see what the market does @ the highs and take it from there?

Gold

I have the same scenarios, but I'll wait until it becomes clear of direction of travel - finished for the day anyway, so it will be PA that evolves tomoz onwards

Gold

Divergence on the WEEKLY and on the DAILY TF's Price action is still bullish until it stops being so image image

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The commercials are on the whole always short the market - they provide the liquidity for the large specs image

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mmm - Are you WATCHING me??????????????????? You've nailed my personality in one - did you just see that red elephant? On a serious note, There's multiple personalities out there - 16 of them, we are all going to crossover various ones, its why like ...

Gold

I've never used them for that, so hopefully will be helpful I just use them to show the momentum of price action, the angle/steepness and when they conjoin and twist then break out of the twist etc

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This is an old screenshot - Market is still finding resistance right on that Pink line image

S&P500 trading

Still Bullish outlook and we've close ABOVE the all Important 10SMA - If the rally is genuine then price WILL stay above the 10SMA, if it dicks around, then its caution caution caution If I see one of my set-ups will buy, if not, I stay flat Only ...

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Here's the follow up: Risk was 1% of account and it made 1% - remember all you need to double an account is 2.3% per week over a 44 week trading year (this breaks down to 0.46R per trading day) Here's the Intra-day long: Moving Averages in PERFECT ...

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Completely agree - I've got some wild theories on this Once a market has completed building its structure, it turns regardless of everything else - Gann said "When time is up, the trend changes"

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So the Indicators turned up on on the HIGHER CLOSE of Yesterday The expectation is higher prices of which Intra-day LONGS can be taken with high probability - obviously this is not guaranteed and we could just be seeing a topping process - It is ...

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2 key Fib levels right around that level too as well as it being an old high

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Remember to watch 2448 - this is 50% ret area, there's some nice geometry that arrives this PM at that level

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My approach to trading is completely different to my approach when Investing (I've traded for circa 15 years and Invested for near on 30 years) In the grand scheme of things - INVESTING wise - , I'm in the GANN camp - I believe things are ordered, I ...

How long have you traded for?

Same as yesterday - We should see some sort of "pop" higher next few days No positions have been taken, although you could have traded a 5 min chart yesterday - we want bigger moves! This acts like a FILTER, then we WAIT to see if one of our bull ...

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Yeah makes sense - time decay I was just trying to pre-think if we could manipulate it somehow I'll have a gander next few months thanks for help

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Do you know if IG have a options calculator, where you can input assumptions on price and time for a particular option on a market to then give you an estimate of the option price on those parameters?

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Yeah I know you weren't - hard to express in typed replies, hence all the misunderstandings you see on the forum Yeah Ig - just not had chance to look, will do - as long as they're priced fairly, I'll have a gander over the winter and add to the ...

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I think you meant to quote @determinato Yeah, if you can use options then that's valid for small accounts - being in the UK, it's always been (well for me) an issue finding options accounts, so I gave up and the trading account I use is a spread ...

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Hi - Whatever the size of the account the max risk PER trade is 1% - you can take as many trades per week as you wish So for 1k = $10 per trade RISK = min target of $4.6 per day I know this is LESS than the amount risked, but if you manage the ...

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